CdM | The gross return on buying a property to put on the rental market fell to 7.2% in the second quarter, compared to 7.5% in the same period in 2024, according to a study by Idealista.
Offices remain the most profitable real estate investment. They offer a gross return of 11.5%, down from 12.8% twelve months ago. Commercial premises offer a return of 10.1% (9.7% a year ago) and garages stand at 6.7%, up from 6.2% in June 2024.
In terms of residential property returns, Murcia is the most profitable Spanish city, reaching 8%, followed by Jaén, Segovia, Zamora and Huelva, which all share 7.6%. Above 7% are the cities of Lleida (7.5%) and Castellón de la Plana (7.3%). Next is Almería (6.9%), Las Palmas de Gran Canaria, Lugo and Ávila (6.8% in all three cases).
In contrast, San Sebastián is the city with the lowest profitability (3.7%), followed by Palma (4.5%), Cádiz, Madrid, A Coruña and Pamplona (4.7% in all four capitals). In Barcelona, it stands at 5.8%.